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2 Bed Flat For Sale Gammons Lane, Watford, WD24

£350,000- Flat

Yield: 4.16%
1 of 15
Yield: 4.16%
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  • Rental Guide: £970 - £1,215
  • 2 Bedroom(s)
  • Description
  • Floor Plan
  • Street View
  • Maps

Key Features

  • 0.8 Miles To Watford Junction
  • Luxurious Bathroom
  • Fantastic Mezzanine Bedroom
  • Large Victorian Windows
  • Gated Development
  • Stunning Open Plan Living
Last Updated: 27th July 2019

Description


SUMMARY
A truly beautiful two bedroom duplex apartment forming part of this stunning historic conversion, set in a prime position in North Watford within easy reach of the Town Centre and Watford Junction Station.


DESCRIPTION
The property is light and airy and boasts high ceilings to the lower floor accommodation. Wooden flooring flows seamlessly through the open plan modern kitchen/reception room. The kitchen has an ample range of units with an integrated oven, hob and cooker hood. Completing the layout is a luxurious bathroom which has been extended to include a walk in shower as well as a stunning bath, w/c and basin. To the upper floor is the spacious mezzanine bedroom which overlooks the ground floor as well as the Master Bedroom with its own wak in wardrobe. Outside are the immaculately presented communal gardens. Offered with no onward chain and presented to the market in excellent decorative order, we would highly recommended early inspections to avoid much disappointment.

Entrance Hall 

Lounge 15' 10" x 13' 8" ( 4.83m x 4.17m )

Kitchen 21' 8" x 13' 8" ( 6.60m x 4.17m )

Landing 

Bedroom One 13' 2" x 7' 11" ( 4.01m x 2.41m )

Walkin Wardrobes 

Bedroom Two 13' 8" x 6' 10" ( 4.17m x 2.08m )

Bathroom 7' 3" x 5' 11" ( 2.21m x 1.80m )


We currently hold lease details as displayed above, should you require further information please contact the branch. Please note additional fees could be incurred for items such as leasehold packs.



1. MONEY LAUNDERING REGULATIONS: Intending purchasers will be asked to produce identification documentation at a later stage and we would ask for your co-operation in order that there will be no delay in agreeing the sale.
2. General: While we endeavour to make our sales particulars fair, accurate and reliable, they are only a general guide to the property and, accordingly, if there is any point which is of particular importance to you, please contact the office and we will be pleased to check the position for you, especially if you are contemplating travelling some distance to view the property.
3. Measurements: These approximate room sizes are only intended as general guidance. You must verify the dimensions carefully before ordering carpets or any built-in furniture.
4. Services: Please note we have not tested the services or any of the equipment or appliances in this property, accordingly we strongly advise prospective buyers to commission their own survey or service reports before finalising their offer to purchase.
5. THESE PARTICULARS ARE ISSUED IN GOOD FAITH BUT DO NOT CONSTITUTE REPRESENTATIONS OF FACT OR FORM PART OF ANY OFFER OR CONTRACT. THE MATTERS REFERRED TO IN THESE PARTICULARS SHOULD BE INDEPENDENTLY VERIFIED BY PROSPECTIVE BUYERS OR TENANTS. NEITHER SEQUENCE (UK) LIMITED NOR ANY OF ITS EMPLOYEES OR AGENTS HAS ANY AUTHORITY TO MAKE OR GIVE ANY REPRESENTATION OR WARRANTY WHATEVER IN RELATION TO THIS PROPERTY.

Nearby Stations

  • Watford North Rail Station (0.5 miles away)
  • Watford Junction Rail Station (0.6 miles away)
  • Watford Junction Rail Station (0.6 miles away)
  • Garston (Herts) Rail Station (1.3 miles away)
  • Watford Underground Station (1.3 miles away)

Nearby Schools

  • Parkgate Junior School (0.3 miles away)
  • W3 Beechfield Family Centre (0.4 miles away)
  • Beechfield School (0.4 miles away)
  • Nascot Wood Infant and Nursery School (0.4 miles away)
  • Nascot Wood Junior School (0.5 miles away)
Agent Details
Brown & Merry
104, The Parade, High Street, Watford, WD17 1AW
Show Contact Number
01923 248 861

Forecast Score

Based on our analysis this property has been scored as:

Data Verification: Partial Verification
0.0

Forecast Report

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The following influencers contribute to our score:
  • Historical Data
  • Interest Rates
  • Mortgage Availability
  • Fiscal Policy
  • Recent Sold Prices
  • Housing Demand
  • Benchmarking Performance Against Other Asset Classes

Comparison with local sold prices

There is a lack of data to forecast this property with regards in comparison with local sold prices.
0

Profitability

There is a lack of data to forecast this property with regards of profitability.
0

Interest Rates

Bank of England Base Rate:
0.1%
Lower interest rates mean lower mortgage payments and makes property more affordable historically in times of low interest rate property prices tend to increase.
10

Mortgage Availability

Good mortgage availability causes property prices to increase as people can get mortgages and buy property.
10

Fiscal Policy

Due to recent economic uncertainty the government has adjusted their spending levels and lowered tax rate. Pumping money into the economy and its central bank in order to increase money supply.
10

Comparison with other investment alternatives

Investing in this property will give you a higher return when compared to other alternative investments.
4

Investment Analysis

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

One&Only Pro are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
Rental Data
2 bedroom properties in close proximity are mostly listed £0 - £1,213 – 0 recently listed properties were found in that band. However, the highest were £0, £0, £0.

These figures should only be used as a guide, always get a rental assessment from a professional.
This is the potential achievable yield.
Potential Return-on-Cash Invested